Find out how CT is still misunderstood and why companies need to register as soon as possible

Find out how CT is still misunderstood and why companies need to register as soon as possible

Our in-house VAT expert tells you about input and output VAT, how to claim returns, and what support is available to small firms Table of Contents Add a header to begin generating the table of contents VAT or value added tax came into effect in the UAE from January 1, 2018, onwards. Levied by the

Anti-money laundering (AML) is gaining a significant momentum of popularity in the UAE. This has led to an increasing interest of organizations in AML training for employees, to help individuals understand the risks associated with money laundering activities. The training for anti-money laundering help employees develop necessary skillset and knowledge to prevent and report related

The popularity of audit opinion is growing rapidly, owing to the UAE’s positioning to become a global business hub. Business owners, investors and regulators now demand greater transparency in financial records. Considering this surge, the providers of audit services in the UAE are helping companies identify financial risks and efficiencies through audit opinions.   In

Considered one of the fastest-growing business destinations in the world, Dubai offers lucrative opportunities to companies spanning diverse sectors. As a huge influx of companies is continuing to establish in the region, it is giving rise to reliable accounting companies in UAE in order to maintain financial accuracy and transparency of the business. While operating

Being one of the most desirable business destinations for entrepreneurs, the UAE introduced VAT in January 2018. Recognised as a tax-free country globally, the rate of VAT is, however, 5 percent which does not burn a big hole in the business owners’ pocket. As VAT provides source of income to the government, it reduces the

Within UAE’s robust security framework, the Financial Action Task Force (FATF) is responsible for keeping a watchful eye on global Anti Money Laundering (AML) and counter-terrorist financing (CTF) efforts. In recent events, the FATF has classified Democratic People’s Republic of Korea (DPRK), Iran, and Myanmar as high-risk jurisdictions due to alarming deficiencies in their AML

The Value Added Tax (VAT) was introduced in the UAE on 1st January 2018 in a move to diversify the country’s economy by bringing forth new sources of revenue. Since its implementation, VAT has acted as a catalyst for economic stability by becoming an integral component of UAE’s taxation framework. In tandem, VAT registration has

As you may be aware, the UAE government has introduced the federal corporate tax law which has been in effect since 1st June 2023 has made a significant impact on the financial years of every business. Since corporate tax in the UAE follows the best global guidelines and standards issued by the Organisation of Cooperation